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Loufeng Township Holds 2005 Get-together of Domestic and Foreign Enterprises

Representatives of over 500 Foreign and domestic enterprises in Loufent Township gathered in Suzhou Convention Center on the evening of Dec. 18 to celebrate the coming Christmas of 2005. Su Bo, Member of SIP Party Working Committee and Secretary of the Township Party Committee, delivered a welcome speech, extending festival greetings for the participants and thanks for their contribution to the development of the township's economy. An exciting, interactive performance featuring typical Chinese culture followed with lucky draw.


 Su Bo, Member of SIP Party Working Committee and Secretary of the Township Party Committee, speaks at the gathering.
 

Music of traditional local instruments
 

Acrobatics is warmly applauded.
 

An amazing show of changing facial masks
 

Lively interactive games at the party

The year 2005 has witnessed great achievements in social and economic development of Loufeng Township, which is the first to attain the goal of well-off society among rural townships of Suzhou. The township not only ranks first in both comprehensive rural economic strength and external-oriented economy in Jiangsu Province, but is also rated as No. 4 among the best thousand townships of China. The annual financial revenue reached 1.04 billion yuan RMB in 2005, and the registered foreign capital amounted to 710 million USD with 200 million USD paid up. About 10 billion RMB was invested by domestic enterprises. The township continues to lead in the various economic targets among all rural townships of Suzhou. For the first time, the budgeted financial revenue went beyond one billion RMB, doubling that of 2003, and ranking the fourth among rural townships in Suzhou. It also ranks the first and second respectively in terms of increased registered domestic capital and foreign capital.

In 2006, the township will persistently carry out the policy of "building up a powerful township of well-off citizens" under the favorable influence of adjacent urban areas, and take marketing for investment as the key link in overall growth in all fields. The all-round development and construction in Chefang Region and comprehensive transformation of Donghuan Road in the coming year will promote a new leap in the economic construction of the township and in its objective to become No.1 township in social and economic progress in the province.

Dec. 23, 2005
  

   
 
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